Currency Depreciation Pushes Up Public Debt in Africa, Says IMF The International Monetary Fund (IMF) says the depreciation of sub-Saharan African currencies against the US dollar pushes up public debt stock. This is contained in the global lender’s recent blog post titled ‘African Currencies Are Under...

World Bank Raises Nigeria’s 2022 growth From 2.5% to 3.8% The World Bank has released a forcast on Nigeria’s economy for 2022, raising its growth to 3.8%, up from 2.5% projected earlier in the year. In its January 2022 Global Economic Prospects report, the Bretton Woods...